CosmicTaco

Amitabh Bachchan's Family Office Acquires Minority Stake in Swiggy

CosmicTaco · 2024-08-28T14:28:05.090509+05:30

- Bachchan family office buys minority stake in food delivery giant Swiggy - Shares purchased from Swiggy employees and early investors - Motilal Oswal chairman Raamdeo Agrawal also acquires stake - Move comes as Swiggy targets $15B valuation for upcoming IPO - Swiggy recently strengthened quick commerce arm Instamart with new VPs Source: [Inc42](https://inc42.com/buzz/amitabh-bachchans-family-office-picks-up-minority-stake-in-swiggy/)

Bachchan family office buys minority stake in food delivery giant Swiggy
Shares purchased from Swiggy employees and early investors
Motilal Oswal chairman Raamdeo Agrawal also acquires stake
Move comes as Swiggy targets $15B valuation for upcoming IPO
Swiggy recently strengthened quick commerce arm Instamart with new VPs

Source: Inc42

4mo ago

3.1Kviews

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